Building energy efficiency eu

Illustrative image (Source: VNA) Hanoi (VNA) – The Vietnam Green Building Week 2022, the annual event held by the Ministry of Construction in response to the World Green Building Week, will take place from October 13-14 in Ho Chi Minh City, with the participation of leading construction experts. This year, the week aims to realise Vietnam’s commitments announced at the 26th UN Climate Change Conference (COP26). According to the Ministry of Construction, the Vietnam Green Building Week 2022 will be an open and prestigious forum that connects more than 1,200 policy-makers and representatives of construction businesses, industry-leading architects and design professionals, as well as suppliers of building materials, equipment and technology. The week will include a plenary session and three thematic discussions on experience in green building planning and development as well as sustainable urban construction, contributing to realising Vietnam's commitments at COP26 . … [Read more...] about Vietnam Green Building Week 2022 slated for October

Kuala Lumpur (VNA) – Malaysia and the EU held the 8th Senior Officials' Meeting at the premises of the EU delegation in Kuala Lumpur on August 1. The meeting covered a broad range of issues of mutual interest. They welcomed the upcoming EU-ASEAN Summit as an opportunity to enhance, besides the regional, the bilateral EU-Malaysia relations as well. The sides agreed to step up cooperation notably in the areas of trade and investment, security, human rights, economy, climate change, environment and forests, energy security and renewable energy and sustainable supply chains. They also welcomed the progress towards the signing of the Malaysia-EU Partnership and Cooperation Agreement (PCA), aiming to sign the agreement within the framework of the EU-ASEAN Summit in December in Brussels. The participants also confirmed they remained interested in a possible future resumption of trade negotiations once the conditions are right. On palm oil, they recalled the Second Joint Working … [Read more...] about Malaysia, EU hold 8th Senior Officials’ Meeting

MANILA  -- The Philippines' Bataan Nuclear Power Plant (BNPP) has not produced any electricity since it was finished in 1984, despite its $2.3 billion price tag and its promise of energy security during the 1970s oil crisis. Approved by former dictator Ferdinand Marcos Sr., his son and new President Ferdinand Marcos Jr. has revived discussions on proposals to rehabilitate the site amid the current energy crisis that has pushed prices for traditional power generating fuels coal and natural gas to records. The BNPP's potential revival is one sign of the renewed interest in nuclear power. Governments across Europe and Asia are extending their aging fleet of nuclear plants, restarting reactors and dusting off plans to resume projects shelved after the 2011 nuclear crisis in Fukushima, Japan. Both the administration of U.S. President Joe Biden and the International Energy Agency have said nuclear power is critical for countries to meet global net-zero carbon emissions goals and … [Read more...] about Analysis: Global energy crisis drives rethink of nuclear power projects

Ilustrative image (Photo: Malakoff Cooperation) Kuala Lumpur (VNA) - The Malaysian government will stop building coal power plants starting in 2040, and shift its focus toward clean and renewable energy , according to Minister in the Prime Minister’s department in charge of economy Mustapa Mohamed. Speaking at a question and answer session of the Malaysian Parliament’s second meeting, Mustapa said the ongoing global energy crisis will accelerate the transition to cleaner energy, adding that Malaysia will improve its renewable energy capacity to fulfill the set targets. A number of renewable energy sources identified for development include hydroelectricity, solar energy, biogas and biomass, he said, noting that battery energy storage technology will also be introduced to ensure quality and guaranteed power supply. The government will also expand the use of hydrogen, and develop technology related to carbon capture and storage, he went on. According to Mustapa, … [Read more...] about Malaysia to stop building coal plants from 2040

RoK and ASEAN flags (Photo: aseanvietnam.vn) Seoul (VNA) – Since the establishment of their dialogue partnership in 1989, the Republic of Korea (RoK) and the Association of Southeast Asian Nations (ASEAN) have built a close and comprehensive relationship, Secretary General of the ASEAN-Korea Centre Kim Hae-yong has said. Talking to Vietnam News Agency on the occasion of ASEAN’s 55th founding anniversary (August 8), Kim said that the two sides have to date become each other’s major partner in various fields on the basis of the strategic partnership. ASEAN is currently the RoK’s second biggest trade partner and third largest investment destination. Two-way trade enjoyed a record high in 2021, reaching 177 billion USD. In terms of people-to-people exchanges, the AKC leader stated that ASEAN is also very important to the RoK. Before the COVID-19 pandemic, the ASEAN was the most visited destination by Koreans. In particular, by 2021, the number of students from ASEAN countries … [Read more...] about RoK, ASEAN building long-term, sustainable partnership

Syngenta specialises in providing agro-pharmaceutical products, plant protection solutions and seeds, and is trusted by millions of farmers. — Photo coutersy of Syngenta Syngenta Vietnam, a leading science-based agri-tech company, has just joined HSBC Vietnam's green journey by placing their very first green deposit with the bank. This transaction will enable Syngenta Vietnam’s surplus money to be invested in sustainable and green projects and businesses, in line with the company’s global sustainability development strategy. HSBC’s green deposit programme, the first of its kind in Viet Nam, is a channel to mobilise green funds from the bank’s corporate customers, investing them in environmentally friendly projects and initiatives, while ensuring a stable and predictable return. Green deposits are used for the green financing, which is aligned with the HSBC Green Bond Framework and Green Loan Principles, under eligible green project themes (Renewable Energy, Energy Efficiency, … [Read more...] about Syngenta Vietnam joins HSBC’s green capital mobilisation

Decarbonisation Sustainability is now on the main agenda of countries, also be a social license for companies. Multinational real estate firms such as Frasers Property are in a privileged position to play a major role in reducing their carbon footprint. In line with group-wide sustainability goals, Frasers Property Vietnam is making significant progress towards its main sustainability goals. These are: being a net-zero carbon corporation by 2050; being climate-resilient and establishing adaptation and mitigation plans by 2024; green-certifying 80 per cent of its owned and asset-managed properties by 2024; financing the majority of its sustainable asset portfolios with green, sustainable financing by 2024; and training all of its employees on sustainability by 2021. Frasers Property recognises that emerging technologies and solutions will be critical to help the company accelerate its sustainability goals, so it is an ongoing journey to keep track of these possibilities and … [Read more...] about Frasers property towards 4Ds perspective

SCG’s Q2/2022 operating results show continuous revenue growth despite energy costs’ effects on profits, maintaining robust financial standing. Roongrote Rangsiyopash, president and CEO at SCG disclosed, “Despite volatile situations with crisis upon crisis such as inflation, rising interest rates, increased energy and raw material costs, and climate change, SCG continues to adapt, resulting in strong overall business and financial performance. Innovative product and service developments are in full gear, especially eco-friendly items with SCG Green Choice labels and innovations to meet consumers’ demands for safety and convenience, catering to the tourism and service sector’s recovery as borders fully open." "Moreover, strategic investments are being prioritised, resulting in the delay of new projects that are non-urgent while still going through with quick-return projects and ones that are aligned with the company’s long-term growth plans. This includes the Long Son … [Read more...] about SCG accelerating strategies to address myriad of challenges

“Thanks to the effective pandemic response and guided by the ASEAN Comprehensive Recovery Framework (ACRF) and its Implementation Plan, we have emerged safer, stronger, and more resilient as a community,” he said at the event, held by the ASEAN Secretariat at its headquarters in Jakarta to mark ASEAN’s 55th founding anniversary. ASEAN trade volumes have returned to pre-pandemic levels and the association’s economy is forecast to grow by 4.9% this year and 5.2% next year. “The entry into force of the Regional Comprehensive Economic Partnership (RCEP) earlier this year demonstrates ASEAN’s pivotal role in contributing to regional peace and growth, bettering the life of our people, and providing opportunities for all.” According to the Secretary General, in spite of these achievements, ASEAN must remain vigilant against the ever present risks to its recovery, including disruptions to the supply of key commodities, rising costs in food and logistics, and the economic slowdown in … [Read more...] about 55th ASEAN Day Celebration solemnly held

Lao officials are introduced about the operation of Vietnam’s Son La hydroelectric power plant. (Photo: VNA) Hanoi (VNA) – Officials from the Department of Energy Safety Management (DESM) under the Lao Ministry of Energy and Mines made a working visit to Vietnam’s Son La hydroelectric power plant on August 3 and 4 to study the plant’s operation. The Son La hydroelectric power plant is the biggest of its kind in Southeast Asia, with six turbines having a combined capacity of 2,400 MW. The plant generates over 10 billion kWh of electricity a year. The operation of the plant has ensured absolute safety since it was commissioned nearly 10 years ago. Besides electricity generation, the plant plays an important role in preventing floods in the rainy season and supplying water in the dry season for the Red River Delta , while creating an impetus for socio-economic development in the northwestern region. The Lao delegation has made a field trip and studied the operation of … [Read more...] about Vietnamese, Lao experts share experience in hydropower plant operation